2022
Exports
$16.3kWorld Rnk 183 / 219
Flag Rnk 397 / 763
2022
PRODUCT COMPLEXITY IN Electrical Control Boards
0.56Rnk 343 / 1025
2022
Imports
$28.8MWorld Rnk 97 / 224
Flag Rnk 82 / 1176

About

Exports In 2022, Nepal exported $16.3k in Electrical Control Boards, making it the 183rd largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 397th most exported product in Nepal. The main destination of Electrical Control Boards exports from Nepal are: Belgium ($9.8k), India ($2.59k), Switzerland ($1.85k), Singapore ($1.57k), and China ($301).

The fastest growing export markets for Electrical Control Boards of Nepal between 2021 and 2022 were Belgium ($9.8k), Switzerland ($1.85k), and China ($301).

Imports In 2022, Nepal imported $28.8M in Electrical Control Boards, becoming the 97th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 82nd most imported product in Nepal. Nepal imports Electrical Control Boards primarily from: India ($22.7M), China ($4.9M), United States ($312k), Bangladesh ($311k), and Austria ($194k).

The fastest growing import markets in Electrical Control Boards for Nepal between 2021 and 2022 were India ($1.95M), China ($271k), and United States ($268k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electrical Control Boards. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.3k
IMPORTS (2022)$28.8M
NET TRADE (2022)-$28.8M

In 2022, Nepal exported $16.3k in Electrical Control Boards. The main destinations of Nepal exports on Electrical Control Boards were Belgium ($9.8k), India ($2.59k), Switzerland ($1.85k), Singapore ($1.57k), and China ($301).

In 2022, Nepal imported $28.8M in Electrical Control Boards, mainly from India ($22.7M), China ($4.9M), United States ($312k), Bangladesh ($311k), and Austria ($194k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Nepal WERE (2021 - 2022):
Belgium$9.8k (1%)
Switzerland$1.85k (1%)
China$301 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Nepal WERE (2021 - 2022):
India-$7.5k (-74.3%)
France-$6.05k (-100%)
Singapore-$3.91k (-71.4%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Nepal's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Nepal's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $15.6k
TOP IMPORT POTENTIALChina+ $7.61M

Electrical Control Boards’s highest export potential is India. With an export gap of $15.6k.   Electrical Control Boards’s highest import potential is China with an import gap of $7.61M.

See methodology.

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